D.R. Horton orders down 37 pct, spring sales weak (Reuters)

Workers pour a concrete foundation in front of an unfinished housing development in a Denver, Colorado suburb April 19, 2005. D.R. Horton Inc., the largest U.S. home builder, on Tuesday said net orders for new homes tumbled 37 percent in the quarter ended March 31, and the spring selling season has not started as strongly as usual. (Rick Wilking/Reuters)Reuters - D.R. Horton Inc. , the largest U.S. home builder, said on Tuesday orders for new homes tumbled 37 percent last quarter and the spring selling season has been slower than usual, suggesting the U.S. housing market has not yet hit bottom.


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D.R. Horton orders down, spring sales weak (Reuters)

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